mail@shareholdersfoundation.com
-
Jan 30, 2009 -
According to a press release there is currently an investigation on behalf of participants in the American Express Retirement Savings Plan concerning potential violations of the Employee Retirement Income Security Act of 1974 (“ERISA”).
If you are a participant in the American Express Retirement Savings Plan and held American Express stock (NYSE:AXP ) in the plan, or have information relating to this investigation, you should contact the Shareholders Foundation, Inc. immediately!
Email: Mail@ShareholdersFoundation.com
or Call us
Phone: +1-(858)-779-
1554
According to the press release the investigation by the law firm involves concerns that American Express(NYSE:
AXP ) and other administrators of the American Express Retirement Savings Plan may have breached their ERISA-mandated fiduciary duties of loyalty and prudence to participants and beneficiaries of the plan. A breach may have occurred if the fiduciaries failed to manage the assets of the American Express Retirement Savings Plan prudently and loyally by investing the assets in American Express(NYSE:
AXP ) stock when it was no longer a prudent investment for participants’
retirement savings, so the investigation.
If you are a participant in the American Express Retirement Savings Plan and held American Express stock (NYSE:AXP ) in the plan, or have information relating to this investigation, you should contact the Shareholders Foundation, Inc. immediately!
Email: Mail@ShareholdersFoundation.com
or Call us
Phone: +1-(858)-779-
1554
or send us your information by mail /facsimile:
Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North - Suite 423 -
92108 San Diego
Tel:+1-(858)-
779-1554
Fax:+1-(858)-
605-5739
Mail@ShareholdersFoundation.com
www.ShareholdersFoundation.com
____________________________________________________________
________________
Photo:
http://www.prlog.org/10175044/1Advertising. The Shareholders Foundation, Inc. is an investor advocacy group. We do research related to shareholder issues and inform investors of securities class actions, settlements, judgments, and other legal related news to the stock market. At Shareholders Foundation, Inc. we are in contact with a large number of shareholders. We believe that together we can combine the interests of many investors, and use the size of our interest as leverage against the giant corporations. We offer help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Any statements made in press releases, emails or over the phone by any member or personnel employed by Shareholders Foundation, Inc. or by third parties related to the Shareholders Foundation, Inc. is provided for research and guidance purposes only and are not legal advices. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
